calculations Flashcards
1
Q
total contribution
A
unit contribution x number of units
OR
tr-total variable cost
2
Q
gross profit
A
revenue - costs of sales
3
Q
operating profit
A
gross profit -expenses
4
Q
margin of safety
A
actual sales- break even point
5
Q
percentage change
A
change/original x 100
6
Q
market growth/trend
A
change/ original x 100
7
Q
profit(using contribution)
A
total contribution - total fixed costs
8
Q
market size
A
total number of sales in whole market
9
Q
market share
A
sales from one business/ total market x 100
10
Q
unit contribution
A
selling price - unit variable cost
11
Q
total cost per unit
A
total cost/ number of units
12
Q
profit
A
tr - tc
13
Q
total revenue
A
sp x Q
14
Q
total costs
A
total fixed costs + total variable costs
15
Q
YEOD
A
% change in demand / % change in income
